| kingsleybusiness online limited |
| Registered number: |
05128840 |
| Abbreviated Balance Sheet |
| as at 5 April 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
16,000 |
|
|
16,000 |
| Tangible assets |
3 |
|
|
2,324 |
|
|
1,991 |
| Investments |
4 |
|
|
100 |
|
|
100 |
|
|
|
|
18,424 |
|
|
18,091 |
|
| Current assets |
| Stocks |
|
|
3,378 |
|
|
3,513 |
| Debtors |
|
|
40,509 |
|
|
50,895 |
| Cash at bank and in hand |
|
|
9,109 |
|
|
3,098 |
|
|
|
52,996 |
|
|
57,506 |
|
| Creditors: amounts falling due within one year |
|
|
(43,193) |
|
|
(65,238) |
|
| Net current assets/(liabilities) |
|
|
|
9,803 |
|
|
(7,732) |
|
| Net assets |
|
|
|
28,227 |
|
|
10,359 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
5 |
|
|
14 |
|
|
14 |
| Profit and loss account |
|
|
|
28,213 |
|
|
10,345 |
|
| Shareholders' funds |
|
|
|
28,227 |
|
|
10,359 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Henry Curtis |
| Director |
| Approved by the board on 27 April 2015 |
|
| kingsleybusiness online limited |
| Notes to the Abbreviated Accounts |
| for the year ended 5 April 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Intangible assets |
20% straight line |
|
Tangible assets |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 6 April 2014 |
57,000 |
|
Additions |
8,000 |
|
At 5 April 2015 |
65,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 6 April 2014 |
41,000 |
|
Provided during the year |
8,000 |
|
At 5 April 2015 |
49,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 5 April 2015 |
16,000 |
|
At 5 April 2014 |
16,000 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 6 April 2014 |
9,513 |
|
Additions |
1,107 |
|
At 5 April 2015 |
10,620 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 6 April 2014 |
7,522 |
|
Charge for the year |
774 |
|
At 5 April 2015 |
8,296 |
|
|
|
|
|
|
|
|
Net book value |
|
At 5 April 2015 |
2,324 |
|
At 5 April 2014 |
1,991 |
|
|
|
|
|
|
|
|
| 4 |
Investments |
£ |
|
|
Cost |
|
At 6 April 2014 |
100 |
|
|
At 5 April 2015 |
100 |
|
|
|
|
|
|
|
| 5 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
14 |
|
14 |
|
14 |
|
|
|
|
|
|
|
|
|
